Coin Laundry (Normandie) $1,000,000 "unavailable"

Gross $40k
Net $20k
​DAYS / HOURS OPEN:  Open 7 Days, Open 8+ Hours/Day, Open Monday-Friday, Open Saturday, Open Sunday
FULLTIME EMPLOYEES:  0
LEASE EXPIRES:  10/31/24
option 1 (10 years)
5% annual increase
SPECIAL LICENSES:  Other
PART TIME EMPLOYEES  1
ACTUAL RENT:  $6,090 includes cam.
YEARS CURRENT OWNER:  1
LEASABLE SQFT:  5,820
​REASON FOR SELLING: Relocation
Great opportunity to own a profitable coin-operated laundromat in Los Angeles. The laundromat is approximately 4,500 sqft. plus over 1,000 sqft. of office spaces upstairs. Lot size is over 12,000 sqft. with ample parking spaces. It has four(4) 80 lbs., eleven(11) 60 lbs., four(4) 40 lbs., twenty-three(23) 30 lbs., six(6) 20 lbs. of front load washers, 13 top load washers, 62 dryers, and 4 coin changers. Mini-market, water store, and the various vending machines create extra income. The facility is also equipped with closed circuit cameras and alarm system.
Need to send proof of funds first.

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